Supply Chain Collaboration: How to Implement CPFR and Other Best Collaborative Practices

Inside Scenario What will your trading partners order and when? This may be one of the most fundamental yet complex supply chain questions to plague trading partners. Suppliers need accurate order projections to manufacture, pick, and ship goods more economically. Retailers want this addressed to improve first-time fill rates, on-time deliveries, and service levels. Both sides want to increase sales, product availability, and cash flow, while decreasing buffer inventory and logistical expenses. While partners can share point-of-sale (POS) information and sales forecasts, this information does not translate into a spot-on order forecast. What trading partners really need is improved long-term order visibility.
Retailers and suppliers can now rely on JDA's Electronic Dynamic Agreement (eDA ), an accurate and stable solution for their order forecasting and execution needs. Part of the Portfolio Collaborative Solutions suite, eDA is the first software to generate a retailer's order forecast dynamically for a supplier beyond the standard single-order lead time using order creation logic and commitment processing. By leveraging downstream demand with concrete order logistics translation variables, eDA can provide visibility as much as one year into the future.
Rather than relying solely on the sharing of sales forecasts and POS information, trading partners can take advantage of eDA's predictive algorithms that translate...